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Aroma chemicals market size is slated to grow robustly by 2026, boosted by the food and beverage sector

Aroma Chemicals Market

Aroma Chemicals Market

In the latest research report compiled by Global Market Insights, Inc., aroma chemicals market size to reach USD 7.5 billion by 2026.

Aroma chemicals have been become a highly sought-after compound in the production of flavorant that is used in the food and beverage industry to boost and enhance the appeal of the products. As such, demand for aroma chemicals in essential oils, fragrance oils, food, wine and spices has become more pronounced in recent years.
Accordingly, use of aroma compounds such as esters, ketones, amines and aldehydes has surged in food and beverage products, thereby fueling growth in aroma chemicals market.

Lately, synthetic ingredient been gaining impetus as a compelling trend owing to its convenient availability and comparatively lower costs as compared to natural molecules. Prominently, synthetic aroma chemicals are being used to mirror the scent of natural foods for snacks, candies and carbonated sodas.

While end-users continue to exhibit traction towards natural products in a slew of industries, fragrance, risk of skin sensitivities, and allergies have meant manufacturers are cashing in on synthetic aroma chemicals. It is worth noting that manufacturers are investing in synthetic aroma chemicals to reproduce a strong natural scent without compromising on quality. Synthetic aroma chemicals may grow at a healthy CAGR of over 6% through 2026.

Opportunities: investment in Latin America
Forward-looking companies are eyeing to inject funds in South American countries such as Brazil where availability of cheap labor and low cost of raw materials have instilled confidence among stakeholders. Global Market Insights, Inc., projects Latin America aroma chemicals market to grow steadily at a compound annual growth rate of over 4% through 2026.

Get Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/aroma-chemicals-market

Prominent companies envisage Asia Pacific as an investment hub as they look for product launches and mergers & acquisitions. Emerging economies such as India and China are witnessing traction for food and beverage industry and cosmetics, thereby showcasing positive business outlook in aroma chemicals market.

Prominently, manufacturers are eyeing to streamline supply chain with high-impact chemicals to keep up with the demand for the product.

Major key players in the market are BASF SE, Fairchem Speciality Ltd, International Flavors & Fragrances Inc., Hindustan mint & agro products pvt. ltd., Kao Corporation, PFW Aroma Chemicals (Kelkar Group), Privi Organics India Limited, MANE, Robertet, S H Kelkar And Company, SymriseAG, Solvay, Takasago International Corporation, Givaudan.

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Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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